News

XTransfer partners TerraPay to provide enhanced cross-border payment solutions to global SMEs

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, has on Tuesday announced a strategic partnership with TerraPay, leading global money movement company.

South Korea’s CHEQUER closes strategic investment at $27.82M

CHEQUER Inc., the South Korea-based innovative developer behind the cloud security solution 'QueryPie', has on Monday announced the successful closure of its strategic investment round, joining Shinhan Venture Investment, raising a total of $27.82 million.

Equinix opens two data centers in Malaysia

Equinix, Inc, the global digital infrastructure company, has opened two International Business Exchange (IBX) data centers in Johor (JH1) and Kuala Lumpur (KL1) of Malaysia.

Gaw Capital Partners expands data center portfolio with acquisition in Fuchu Intelligent Park, Japan

Hong Kong-based real estate private equity firm Gaw Capital Partners announced Monday that the firm, through a fund under its management, has acquired a property located in Fuchu Intelligent Park, Fuchu City, Japan.

AVPN launches $15M AI Opportunity Fund with Google.org, ADB support

AVPN, the largest network of social investors based in Singapore, has announced the launch of the $15 million Artificial Intelligence (AI) Opportunity Fund: Asia-Pacific, with the support of Google.org and the Asian Development Bank (ADB).

India’s Zypp Electric raises $15M in Series C funding led by ENEOS

Zypp Electric, an India-based tech-enabled electric vehicle (EV)-as-a-service platform, has announced the successful kick-off of its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS.

[BEYOND EXPO 2024] CATL expects electric commercial planes to be ready as soon as 2027

Zeng was referring to commercial airplane with total takeoff weight of 8.8 tonnes which he said could probably have 14 seaters.

India’s Portl secures $3M in funding round led by Bharat Innovation Fund

Portl, an India-based digital fitness and wellness technology startup, has successfully closed a $3 million funding round led by Bharat Innovation Fund. This round also saw participation from existing investor Kalaari Capital and new investor T-Hub Foundation.

Sime Darby Property partners Pearl Computing to develop hyperscale data center with lease value of $424M

Malaysian property developer Sime Darby Property said Thursday that it has partnered with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of a multinational technology company, to develop a hyperscale data center for a multinational tech firm with a lease value of MYR 2 billion ($424 million).